Benefits of a Master’s Degree

If you’re nearing the end of your time at college you might be thinking about undertaking a master’s degree. Many people choose to take them, but a lot of people are confused by the whole process. Why do I need to take one? What will I gain from taking one? If you’re one of the confused people, then read on because here are the benefits of a master’s degree.

Specialist Knowledge

Although a college bachelor’s degree is more specialist than a high school education, a master’s is even better than that. The knowledge you gain on a master’s will be so much more in-depth and ‘next-level’ that you’ll feel ready to apply for any job offer. Because you’re also with a smaller group of graduates who will be on a similar intellectual level to you, you’ll likely make even more friends than you did during the first three years of college. A lot of people say that when they actually enter into the world of work the majority of the stuff they learned at a university, is pretty useless, however, they use what they learned during their master’s every day.

More Attractive to Employers

A degree is a great way to make you stand out from people without degrees when applying for roles … at least it was a couple of decades ago before everyone and their dog got one (although it could be going back the other way). Getting a master’s or any other type of advanced degree is the best way to stand out from the common rabble who all have simple bachelor’s. It will also open up the door to more impressive job roles that are only available to a higher qualified level of student, such as yourself.

Earning Potential

You probably worked this one out based on what I said earlier in the article, but by being better than those around you and being able to get higher level jobs, you also get access to higher pay grades. Not all master’s degree do equate to higher earning potentials, though, so you will need to plan your subject carefully and try to think about what you want to do as a career and think about the master’s that will open doors for you. Online medical master’s degrees are very popular at the moment; particularly Master’s in Public Health online, as it can be done whilst working, meaning that you don’t have to lose out on any salary. It is estimated that here in the US a master’s degree will get you around $10,000 more a year and that over your lifetime you should earn around $400,000 more by the time you retire.

So if you’re still undecided about whether you should get a master’s or not, I hope this article has helped you make up your mind. For many industries you could stand to make a significantly higher salary then your ‘bachelor’ friends, however, you have to really consider your industry and whether the time, effort, and money will be worth it in the end.